Foundry Group Archives

BOULDER, Colo. /ScoopCloud/ -- TeamSnap, the leader in sport management technology, announced today a $5.5 million convertible notes financing led by Foundry Group and Bolt Ventures. The funding comes as TeamSnap prepares for sports activities to return after the global shutdown.

TeamSnap supports over 22 million users, 3 million unique teams and 19,000 clubs across more than 100 different sports and activities. Sport organizations, teams, players and families use TeamSnap's innovative technology everyday to sign up, schedule, communicate, collect payments and coordinate everything for the sports season.

"While this has been a challenging time for the collective youth sports industry, it is gratifying to know that investors are still bullish about our technology, market position and brand," said Dave DuPont, CEO and co-founder of TeamSnap. "Our customers have always genuinely cared about our product. Their loyalty is a testament to our continued investment in technology and our commitment to improving the customer experience. As sports activity continues to recover, this funding gives us liquidity and flexibility to further support our network of teams, sports organizations and brand partners."

The Boulder-based venture firm Foundry Group has been a lead investor for TeamSnap in previous funding rounds. Bolt Ventures joins as a new TeamSnap investor.

"TeamSnap has become synonymous with youth sports and is the top-of-mind platform for all teams and sports organizations," said Isaac Harrouche, Investment Principal, Bolt Ventures. "With sports activities set to return, we are thrilled to partner with TeamSnap and look forward to its continued growth fueled by its powerful brand and innovative technology."

About TeamSnap

Since our formation in 2009, TeamSnap has been single-mindedly focused on taking the work out of play. Over 22 million coaches, administrators, players and parents rely on TeamSnap's powerful and easy-to-use tools for communication, scheduling, payment collection and registration, organizing every sport and group activity in the world. For more information, visit https://www.TeamSnap.com/.

Twitter: #YouthSports #SportsTech @teamSnap

*LOGO Link for Media: https://www.Send2Press.com/300dpi/17-1219s2p-teamsnap-300dpi.jpg

TeamSnap, the leader in sport management technology, announced today a $5.5 million convertible notes financing led by Foundry Group and Bolt Ventures. The funding comes as TeamSnap prepares for sports activities to return after the global shutdown.

Related link: https://www.teamsnap.com/

BOULDER, Colo. /ScoopCloud/ -- TeamSnap Tournaments debuted with major acquisition of FanApp Events platform

BOULDER, Colo., Jan. 16, 2018 (SEND2PRESS NEWSWIRE) -- TeamSnap, the household name in integrated sports management, officially kicks off the 2018 registration season this month following a record year of overwhelming growth across all of its business units.

"After an exceptional 2017 for our team, we are thrilled that more sports clubs, leagues and teams are using TeamSnap than ever before," said TeamSnap CEO Dave Dupont. "With registration for the spring sports season in North America traditionally opening this month, we are looking forward to another amazing year of making sports organization easier for athletes, coaches, administrators and parents."

TeamSnap highlights from 2017 include:

TeamSnap Club and Leagues:
* The TeamSnap Club and League platform grew 69 percent in 2017 - highlighted by 100 percent growth in Q4.
* Overall, there are more than 4,000 clubs and leagues using TeamSnap for their registration, rostering and communications needs.

TeamSnap Teams:
* TeamSnap's leading team management platform grew by 36 percent in 2017 and is now used by more than 1.8 million teams.
* More than 15 million users were registered with TeamSnap in 2017.
* Overall, more than 14 million events were scheduled through TeamSnap in 2017.
* Active users interacted with their team, group or club through TeamSnap an average of once a day in 2017.

TeamSnap Tournament:
* TeamSnap Tournament debuted in June 2017 following the acquisition of the industry-leading FanApp Events platform.
* Hundreds of tournament organizers are already using the turnkey platform to manage registration and scheduling logistics for premier events such as Gus Macker, NCAS Powerade State Games and Triple Play Tournaments.

Additional highlights for TeamSnap in 2017 include raising $25 million in financing led by the Foundry Group in January, the iOS TeamSnap app scoring its highest approval ranking on App Annie's annual list, and the company once again being listed as one of Outside Magazine's Top Places to work.

About TeamSnap:
Founded in 2009 and headquartered in Boulder, Colorado, TeamSnap has taken the organization of youth, recreational and competitive sports into the 21st century. Over 15 million coaches, administrators, players and parents use TeamSnap to sign up, schedule, communicate and coordinate everything for the team, the club and the season. TeamSnap makes organizing sports as simple as click, tap and go. For more information, visit: https://www.teamsnap.com/.

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For additional information, please contact
Greg McIsaac Communications
For TeamSnap
gregmcisaac@yahoo.ca
416-458-3591

TeamSnap, the household name in integrated sports management, officially kicks off the 2018 registration season this month following a record year of overwhelming growth across all of its business units. Additional highlights for TeamSnap in 2017 include raising $25 million in financing led by the Foundry Group in January.

Related link: https://www.teamsnap.com/

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Tag Archives: Foundry Group

TeamSnap Raises $5.5 Million in Funding as Sports Activities Begin to Resume

TeamSnap Kicks Off the 2018 Registration Season After Expansion and Record Engagement in 2017